C.Legal Default Interest Rate
In the event of the parties failing to determine the default interest rate, it is…
According to the LIA.art.2/par.1, the legal default interest rate is determined according…
As to commercial affairs, if the interest rate for short-term advances set by the…
It should be noted that even if the parties do not determine the default interest…
The rules explained above also apply to pecuniary obligations in foreign currency.…
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